EURUSD M5 Bearish Rectangle

According to the chart of M5, EURUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.0789 - 0.0000 and support 1.0784 – 1.0784. In case the resistance level 1.0784 - 1.0784 is broken, the instrument is likely to follow the bearish trend.